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Brad Pitt foundation agrees on $20.5m settlement to owners of faulty post-Katrina houses
The Gaurdian ^ | August 18, 2022 | Wilfred Chan

Posted on 08/25/2022 10:41:19 AM PDT by woodbutcher1963

It sounded like a dream come true, complete with a handsome prince riding to the rescue: the construction of 109 new, sustainable, flood-proof and affordable houses in New Orleans’s Hurricane Katrina-ravaged Lower Ninth Ward, all thanks to movie star Brad Pitt.

But the houses that were built fell far short of Pitt’s 2006 promises: they were plagued by mold, electrical fires and unclean water.

On Tuesday, 13 years after Hurricane Katrina victims started moving into the buildings, Pitt and his foundation agreed to a settlement that will pay $20.5m to homeowners whose properties began to deteriorate almost as soon as they bought them.

(Excerpt) Read more at theguardian.com ...


TOPICS: Business/Economy; Miscellaneous
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$183K/house before the attorneys cut. Usually 1/3
1 posted on 08/25/2022 10:41:19 AM PDT by woodbutcher1963
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To: woodbutcher1963

Bkmk


2 posted on 08/25/2022 10:43:38 AM PDT by ptsal (Vote R.E.D. >>>Remove Every Democrat ***)
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To: ptsal

Another article on the same story stated that there were 109 houses constructed.

$20.5 million divided by 109 = $183K (less the lawyers cut).


3 posted on 08/25/2022 10:45:26 AM PDT by woodbutcher1963
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To: woodbutcher1963

No good deed goes unpunished.


4 posted on 08/25/2022 10:46:01 AM PDT by samadams2000
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To: woodbutcher1963

It was worse than that.

Each homeowner can ‘apply for’, what was it, $20,000 ?

A ‘white knight’ came in and funded the deal.

This is a repeat article, I just don’t want to bother going to look up the details again.

Um, everything ‘starts to deteriorate’ as soon as it is finished. It is the nature of the world... ‘whose properties began to deteriorate almost as soon’


5 posted on 08/25/2022 10:46:32 AM PDT by Pikachu_Dad ("the media are selling you a line of soap)
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To: woodbutcher1963

No good deed goes unpunished in America.


6 posted on 08/25/2022 10:46:55 AM PDT by blackdog (Cooler King Joe, killing a winning nation every day. )
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To: samadams2000

No good deed goes unpunished.


No joke


7 posted on 08/25/2022 10:47:00 AM PDT by volunbeer (Find the truth and accept it - anything else is delusional)
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To: woodbutcher1963

Attorney gets 33% if the case doesn’t “go to court”. If it does they normally collect 40%....I’ve seen lawyers use some real creative ways to collect that other 7%.

Those vultures don’t miss a trick that’s for sure.


8 posted on 08/25/2022 10:47:19 AM PDT by V_TWIN (America...so great even the people that hate it refuse to leave)
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To: ptsal

That money will be gone by Sunday morning.


9 posted on 08/25/2022 10:47:37 AM PDT by Cowgirl of Justice
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To: woodbutcher1963

Totally unrelated. But can Brad Pitt not wash his hair? It always looks greasy.


10 posted on 08/25/2022 10:50:40 AM PDT by Hyman Roth
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To: woodbutcher1963

All that virtue signalling is getting expensive. Going to need to make some more movies?


11 posted on 08/25/2022 10:50:43 AM PDT by Honest Nigerian
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To: woodbutcher1963

In America, lawyers are moving electronic digits around on computer screens, while in countries like Russia, people are producing actual physical commodities.


12 posted on 08/25/2022 10:51:16 AM PDT by kiryandil (China Joe and Paycheck Hunter - the Chink in America's defenses)
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To: woodbutcher1963

Yeah, by my math the settlement is $188K per house, $124K post-atty. That’s a hella lot of remediation. So how could these homes be built in the first place if they didn’t meet nominal local codes for drainage, roof pitches, etc;?

Ah well, I assume Mr. Pitt can handle it. I don’t think he set out to build substandard houses.


13 posted on 08/25/2022 10:52:44 AM PDT by Attention Surplus Disorder (Apoplectic is where we want them)
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To: woodbutcher1963
All the money in the settlement will go to the renovation and repair of the houses, Austin said. “There won’t be any windfalls in individuals’ pockets.”

Surely, the lawyers receive part of that settlement.

The remainder goes to renovation and repair? Who will oversee that?

14 posted on 08/25/2022 10:54:08 AM PDT by Tired of Taxes
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To: V_TWIN
I still say that the federal and state government should have stepped in and condemned that whole 9th ward after Katrina.
Bull doze all the houses and move the people to higher ground.
Turn the whole area into a NO city park.

Why let them rebuild shot gun shacks in the poorest park of the city that is the most UNDER sea level

15 posted on 08/25/2022 10:54:28 AM PDT by woodbutcher1963
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To: woodbutcher1963

That’s what happens in N.C. The state tells home owners that have property on the beach if a hurricane destroys it they can’t build back there.

Can’t say I disagree with that, makes total sense.


16 posted on 08/25/2022 11:01:42 AM PDT by V_TWIN (America...so great even the people that hate it refuse to leave)
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To: Hyman Roth

Did you ever see the movie “Kalifornia” ?

It was one of Pitt’s early movies.
He did a tremendous job playing a scum bag dirt ball murderer psycho.

In the movie “Snatch” he played a gypsy.

In the movie “Fight Club” he played another memorable role.

He actually is a pretty good actor.


17 posted on 08/25/2022 11:04:50 AM PDT by woodbutcher1963
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To: V_TWIN

In a civil trial I was a juror on, the plaintiffs attorneys were brothers and one got on the stand while the other questioned him, in order to prove that they exercised “billing judgment“ and were not asking for anywhere near as much as they were professionally entitled to. We still awarded them less.


18 posted on 08/25/2022 11:06:34 AM PDT by avenir (Information overload = Pattern recognition)
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To: Attention Surplus Disorder

Yep. Sue the local inspectors for approving it.


19 posted on 08/25/2022 11:06:41 AM PDT by for-q-clinton (Cancel Culture IS fascism...Let's start calling it that!)
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To: woodbutcher1963

Kalifornia was horrifying, thanks to Pitt’s effective performance. Not a film I’d recommend to people, but one I never forgot.


20 posted on 08/25/2022 11:11:16 AM PDT by avenir (Information overload = Pattern recognition)
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